TOP STORY- Stock Market For Thursday, 28 September 2017
TRF says proposal to sell 51% stake in Adithya Automotive Applications Pvt Ltd., a material subsidiary
of the Company
Shreyas Shipping signing of MOA for two vessels.
Lovable Lingerie board to consider Buyback of Equity Shares
HCC in focus – Lavasa’s lenders invoke strategic debt restructuring
GE factory in Bihar on track says railway minister
Idea moves to Bombay HC against TRAI’s IUC order
L&T may sell some power and road projects
LIC sells 2.27% stake in Reliance Infra for Rs263 crMindtree Gets RBI Approval & Completes Transfer
Of Business Of Bluefin Solutions To Co
Ind-Ra has revised BHEL’s Outlook to Stable from Negative while affirmed the rating for bank
facilities at IND AA+
KDDL’s subsidiary Ethos has raised 6.9cr by way of preferential allotment to promoter
MARKET COMMENTARY for Friday, 29 September 2017
Nifty ended at 9,768 level, up by 33 points, while Sensex closed at 31,282 level, up by 122 points on Thursday.There were 998 advances, 631 declines and 335 unchanged stocks on NSE. India VIX ended lower by 4.34% at 13.26 level.
In the broader markets, BSE Mid-cap index closed at 15,302 level, up by 110 points, while BSE Small-cap index closed at 15,946 level, up by 148 points. Bank Nifty ended at 24,031 level, up by 218 points or 0.92%.
All the sectoral indices on NSE closed in the positive territory except IT and media. Nifty Realty index was the top gaining index ending at 266.75 level, up by 1.21%. Nifty IT index ended lower by 0.27% at 10,515 level.
Kotak Bank was top gainer in the Bank Nifty index gaining Rs 26.5 per share or 2.71% at Rs 1,006.1 per share. HDFC Bank and State Bank of India were also among top gainers in the index ended higher by more than 1%.
Nifty likely to trade in the range of 9443-10053
Market Pulse on Friday, 29 September 2017